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Lantheus vs Trinity Biotech: revenue, profit, margins and growth compared

Lantheus brought in $1.5B of revenue in fiscal 2025, Trinity Biotech $61.6M in fiscal 2024. Revenue changed by +0.5% at Lantheus and +8.3% at Trinity Biotech on the year before, so Trinity Biotech grew faster. Lantheus kept 15.2% of its revenue as net profit, Trinity Biotech -51.6%. Free cash flow was $354.1M at Lantheus and -$4.6M at Trinity Biotech.

Side by side, latest fiscal year

LNTHTRIB
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$1.5B$61.6M
Revenue growth+0.5%+8.3%
Net income$233.6M-$31.8M
Net margin15.2%-51.6%
Free cash flow$354.1M-$4.6M
Free cash flow margin23.0%-7.5%
Earnings per share (diluted)$3.41n/a
Cash$359.1M$5.2M
Debt$738Kn/a
Price to earnings29.3n/a
Market value$6.5B$5.5M
Dividend yieldn/an/a
Rank by revenue in sector#119 of 646 · Health care#358 of 646 · Health care

Over the years

Revenue
LNTH FY2018: $343.4MLNTH FY2019: $347.3MLNTH FY2020: $339.4MLNTH FY2021: $425.2MLNTH FY2022: $935.1MLNTH FY2023: $1.3BLNTH FY2024: $1.5BLNTH FY2025: $1.5BTRIB FY2017: $99.1MTRIB FY2018: $97MTRIB FY2019: $90.4MTRIB FY2020: $102MTRIB FY2021: $81.1MTRIB FY2022: $62.5MTRIB FY2023: $56.8MTRIB FY2024: $61.6MFY17FY18FY19FY20FY21FY22FY23FY24FY25
LNTH $1.5BTRIB $61.6M
Net income
LNTH FY2018: $40.5MLNTH FY2019: $31.7MLNTH FY2020: -$13.5MLNTH FY2021: -$71.3MLNTH FY2022: $28.1MLNTH FY2023: $326.7MLNTH FY2024: $312.4MLNTH FY2025: $233.6MTRIB FY2017: -$40.3MTRIB FY2018: -$22.1MTRIB FY2019: -$28.9MTRIB FY2020: -$6.4MTRIB FY2021: $875KTRIB FY2022: -$41MTRIB FY2023: -$24MTRIB FY2024: -$31.8MFY17FY18FY19FY20FY21FY22FY23FY24FY25
LNTH $233.6MTRIB -$31.8M
Net margin
LNTH FY2018: 11.8%LNTH FY2019: 9.1%LNTH FY2020: -4.0%LNTH FY2021: -16.8%LNTH FY2022: 3.0%LNTH FY2023: 25.2%LNTH FY2024: 20.4%LNTH FY2025: 15.2%TRIB FY2017: -40.6%TRIB FY2018: -22.8%TRIB FY2019: -32.0%TRIB FY2020: -6.3%TRIB FY2021: 1.1%TRIB FY2022: -65.6%TRIB FY2023: -42.3%TRIB FY2024: -51.6%FY17FY18FY19FY20FY21FY22FY23FY24FY25
LNTH 15.2%TRIB -51.6%
Revenue growth
LNTH FY2019: +1.2%LNTH FY2020: -2.3%LNTH FY2021: +25.3%LNTH FY2022: +119.9%LNTH FY2023: +38.6%LNTH FY2024: +18.3%LNTH FY2025: +0.5%TRIB FY2018: -2.1%TRIB FY2019: -6.8%TRIB FY2020: +12.8%TRIB FY2021: -20.4%TRIB FY2022: -23.0%TRIB FY2023: -9.1%TRIB FY2024: +8.3%FY18FY19FY20FY21FY22FY23FY24FY25
LNTH +0.5%TRIB +8.3%
Free cash flow
LNTH FY2018: $41.1MLNTH FY2019: $58.3MLNTH FY2020: $16.4MLNTH FY2021: $53.9MLNTH FY2022: $21.8MLNTH FY2023: $259.9MLNTH FY2024: $493.1MLNTH FY2025: $354.1MTRIB FY2017: $4.4MTRIB FY2018: -$299KTRIB FY2019: $3.3MTRIB FY2020: $20.6MTRIB FY2021: $11.4MTRIB FY2022: -$2MTRIB FY2023: -$12.4MTRIB FY2024: -$4.6MFY17FY18FY19FY20FY21FY22FY23FY24FY25
LNTH $354.1MTRIB -$4.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Lantheus and Trinity Biotech

Which is bigger by revenue, Lantheus or Trinity Biotech?

Lantheus is bigger by revenue: $1.5B in fiscal 2025, against $61.6M for Trinity Biotech in fiscal 2024.

Which keeps more of its revenue as profit, Lantheus or Trinity Biotech?

Lantheus had a net margin of 15.2% in fiscal 2025; Trinity Biotech had -51.6% in fiscal 2024.

Which grew revenue faster, Lantheus or Trinity Biotech?

In their latest fiscal years revenue changed by +0.5% at Lantheus and +8.3% at Trinity Biotech.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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